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Platinum Industries Limited (IN:PLATIND)
:PLATIND
India Market
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Platinum Industries Limited (PLATIND) AI Stock Analysis

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IN:PLATIND

Platinum Industries Limited

(PLATIND)

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Neutral 66 (OpenAI - Gpt-5.6Sol)
Rating:66Neutral
Price Target:
₹217.00
▼(-4.38% Downside)
Action:Reiterated
Date:07/07/26
The score is primarily driven by mixed financial performance: strong growth and a very conservative balance sheet are outweighed by persistently negative free cash flow and weakened cash conversion, plus margin compression. Technically, the stock shows a supportive uptrend with moderately bullish momentum, while valuation is a headwind given the relatively high P/E and no dividend yield data.
Positive Factors
Revenue growth and business scaling
Meaningful revenue expansion indicates the business has continued to broaden its operating scale and generate demand across recent periods. Sustained top-line growth can support reinvestment, improve operating leverage over time, and strengthen the company’s ability to build durable market presence.
Negative Factors
Persistent negative free cash flow
Negative free cash flow across two consecutive years means reported growth has not yet translated into surplus cash after investment requirements. If this persists, the company may have less internally generated funding for expansion and greater reliance on liquidity or external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and business scaling
Meaningful revenue expansion indicates the business has continued to broaden its operating scale and generate demand across recent periods. Sustained top-line growth can support reinvestment, improve operating leverage over time, and strengthen the company’s ability to build durable market presence.
Read all positive factors

Platinum Industries Limited (PLATIND) vs. iShares MSCI India ETF (INDA)

Platinum Industries Limited Business Overview & Revenue Model

Company Description
Platinum Industries Limited, established in 2016 and headquartered in Mumbai, India, specializes in the production and distribution of vital chemical components. The company supplies polyvinyl chloride (PVC) stabilizers, chlorinated polyvinyl chlo...

Platinum Industries Limited Financial Statement Overview

Summary
Strong revenue growth and solid profitability (2026 net margin ~11.5%) are supported by a very low-leverage balance sheet (debt-to-equity ~0.02). Offsetting this, cash generation is a major weakness with negative free cash flow in both 2026 (-319.7M) and 2025 (-641.4M) and weak cash conversion, alongside meaningful margin compression (gross margin down to ~23.2% in 2026 from ~30.0% in 2025).
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.44B4.50B3.92B2.64B2.31B1.88B
Gross Profit1.01B1.05B1.18B1.02B801.38M436.59M
EBITDA617.78M598.47M577.56M594.06M547.48M260.88M
Net Income503.76M519.59M498.00M437.29M379.05M177.47M
Balance Sheet
Total Assets0.005.49B4.68B3.96B1.22B847.00M
Cash, Cash Equivalents and Short-Term Investments1.43B1.43B1.72B2.52B154.85M42.12M
Total Debt0.00104.34M181.62M113.23M218.46M263.11M
Total Liabilities-4.55B940.21M716.70M551.22M500.68M623.62M
Stockholders Equity4.55B4.43B3.84B3.31B618.79M223.37M
Cash Flow
Free Cash Flow-272.94M-319.72M-641.36M166.49M89.40M-174.39M
Operating Cash Flow-75.94M56.50M-79.64M327.36M369.35M-162.13M
Investing Cash Flow111.24M476.98M-1.59B-808.36M-271.70M-50.76M
Financing Cash Flow86.32M-74.43M7.20M2.20B-76.67M204.43M

Platinum Industries Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price226.95
Price Trends
50DMA
221.05
Negative
100DMA
223.83
Negative
200DMA
226.10
Negative
Market Momentum
MACD
-4.82
Positive
RSI
32.74
Neutral
STOCH
14.86
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PLATIND, the sentiment is Negative. The current price of 226.95 is above the 20-day moving average (MA) of 217.47, above the 50-day MA of 221.05, and above the 200-day MA of 226.10, indicating a bearish trend. The MACD of -4.82 indicates Positive momentum. The RSI at 32.74 is Neutral, neither overbought nor oversold. The STOCH value of 14.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PLATIND.

Platinum Industries Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
₹11.05B22.06――9.63%11.94%
63
Neutral
₹13.39B15.81―0.91%40.77%54.07%
57
Neutral
₹23.70B15.61―0.12%19.47%11.49%
56
Neutral
₹17.52B21.31―0.88%-0.88%34.57%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
₹18.04B330.63―0.09%13.55%-77.69%
46
Neutral
₹9.97B-396.25―0.26%10.11%-109.93%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:PLATIND
Platinum Industries Limited
201.10
-81.55
-28.85%
IN:AVTNPL
AVT Natural Products Limited
87.91
17.36
24.61%
IN:ESTER
Ester Industries Limited
95.55
-16.52
-14.74%
IN:IGPL
IG Petrochemicals Ltd.
569.05
146.67
34.73%
IN:OAL
Oriental Aromatics Ltd.
535.95
211.38
65.12%
IN:ROSSARI
Rossari Biotech Ltd
427.85
-204.79
-32.37%

Platinum Industries Limited Corporate Events

Platinum Industries Discloses AGM Voting Results and Scrutinizer’s Report
Sep 25, 2026
Platinum Industries Limited has reported to NSE and BSE the voting results and consolidated scrutinizer’s report for its sixth annual general meeting held on September 24, 2026. The disclosure covers outcomes for eight resolutions voted on v...
Platinum Industries Files SEBI Regulation 74(5) Compliance Certificate for June Quarter
Jul 13, 2026
Platinum Industries Limited has notified the stock exchanges that it has received a compliance certificate from its registrar and share transfer agent, Bigshare Services Pvt. Ltd., under Regulation 74(5) of the SEBI (Depositories and Participants)...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 07, 2026